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McKernan In Talks To Assume Full Control of KFNS

Jason Barrett

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Tim McKernan may be on the verge of gaining sole operating control of 590 The Fan, KFNS  according to STL Today. The host of The Morning After currently has a 25% stake in the radio station, but majority owner Randy Markel has opened talks with McKernan to give him an opportunity to buy him out and take over as the station’s primary owner.

Markel purchased KFNS in 2015 after the radio station went bankrupt. He not only returned the radio station to the airwaves, but also invested in upgrading the towers which transmit the station’s signal.

One of the conditions in the agreement between the two men was that McKernan would receive $100,000 if the station was sold to another party. He was also given first right of refusal if Markel received any outside offers.

Although he isn’t exploring outside investors, Markel said his initial goal was to sell to McKernan in the next 4-5 years. But with other business interests requiring his focus, he’s decided there’s no better time than the present to explore a potential sale.

“I thought, ‘Why not sell now?’ Markel told STL Today. “I will make a cool half a million dollars-plus in a (little over) a year. I’ve got $2 million in it, I want a half-million profit. That’s what I deserve.”

In addition to being the majority owner of KFNS, Markel also owns Chuck’s Boots stores throughout the St. Louis area, and he’s building a youth baseball complex at the Lake of the Ozarks which will have nine fields and is expected to draw teams from all over the country. Former St. Louis sports radio hosts Bob Ramsey and Jeff Vernetti are overseeing that project for Markel.

“I had to make a decision — do I want to go all-in with the radio station or all-in with the ballparks? I couldn’t do both unless I sold Chuck’s Boots, but that still is in the works and could take some time” said Markel. “I thought about it, the radio station has the potential to be great, and in Tim’s hands. That’s what he’s always wanted (to own his own sports station). I said, ‘You come up with 1½ million (dollars), I will finance the other million at 6 percent, over 1-3 years, at interest only.”

The only question now is how long will it take the two sides to complete a deal. Markel is optimistic of finalizing an agreement quickly, whereas McKernan is taking a more cautious approach. Let the negotiations begin.

Sports Radio News

106.7 The Fan Extends Deal to Remain Washington Nationals Flagship

“We’re looking forward to continuing to serve as the home for everything Nats for the foreseeable future…”

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106.7 The Fan has announced it has reached a multi-year extension with the Washington Nationals to remain as the MLB club’s radio flagship.

Nationals fans will continue to hear game broadcasts on the station, and those living inside the club’s broadcast territory will be able to stream the radio broadcasts on the Audacy app.

“Opening Day is finally here and we’re thrilled to celebrate the return of baseball season by extending our partnership with the Washington Nationals,” said Audacy Washington D.C. Senior Vice President and Market Manager Ivy Savoy-Smith. “We’re looking forward to continuing to serve as the home for everything Nats for the foreseeable future and give the team’s fans a front row seat to the action on the field and top storylines throughout the year.”

The Nationals have called 106.7 The Fan home since the 2011 season. Beyond game broadcasts, the station will welcome Nationals President of Baseball Operations and General Manager Mike Rizzo to The Sports Junkies every Wednesday at 9:00 AM throughout the season. The station will also air segments titled “Nats Insider”, hosted by broadcaster Dan Kolko that feature player interviews and features. Those segments will air all along the Nationals Radio Network.

“We couldn’t be happier to partner with Audacy in bringing Nationals fans even more of the interviews and exclusive access they love,” said Lerner Sports Group COO Alan H. Gottlieb. “From in-depth interviews with execs and top players, to off-the-field profiles and more Spanish and English bilingual content than ever before, Audacy offers a comprehensive look at our ball club from all angles.”

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Sports Radio News

Todd Markiewicz Departing 97.1 The Fan

“He has left an indelible mark in the Columbus market and within the sports/talk radio world by building The Fan with excellent programming, dominant ratings, and overall market share.”

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Longtime 97.1 The Fan Vice President and Market Manager Todd Markiewicz has announced he is leaving the sports radio station.

Markiewicz has been named the President of the 1870 Society, a Name, Image, and Likeness collective working with Ohio State athletics and Learfield to devise NIL strategy, fundraising, and logistics.

In an internal memo, Tegna Columbus President and General Manager John Cardenas credited Markiewicz for helping to establish the brand as “the powerhouse sports station in the country. He has left an indelible mark in the Columbus market and within the sports/talk radio world by building The Fan with excellent programming, dominant ratings, and overall market share.”

Markiewicz joined the station in 2010. Under his leadership, 97.1 The Fan has routinely ranked as the highest-rated station in the Columbus market.

His final day with the station will be Friday, May 26th.

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Sports Radio News

Gregg Giannotti: Doug Gottlieb Is ‘Using My Name’ To Deflect Blame From Himself

“I wasn’t there. This was 2013 before the incident. I wasn’t even there.”

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Earlier this week, Doug Gottlieb revisited a gaffe he made on the set of CBS’s NCAA Tournament Selection Show a decade ago. On a set that included Greg Anthony, Charles Barkley, Greg Gumbel, and Kenny Smith, Gottlieb said that he was there to “provide the white man’s perspective.” Gottlieb owned that it was a poor attempt at humor, but Gregg Giannotti takes issue with the FOX Sports Radio host’s version of events that lead up to the televised misstep.

“If you’ll allow me, I’d like to clear my name for a little bit,” Giannotti said on Wednesday’s edition of Boomer and Gio on WFAN.

Gottlieb contends that he tried out a better rehearsed version of the joke in a number of other places before going on television and it was well-received. No one told him it was a bad idea or that if delivered in the wrong way, it could create problems. One of those places, according to Gottlieb, was CBS Sports Radio’s Gio & Jones.

One problem, the show did not exist in 2013.

“Here are my issues with this,” Gregg Giannotti said. “One, I wasn’t there. This was 2013 before the incident. I wasn’t even there. Two, he is placing blame now on whoever he told this to to stop him and say ‘Don’t do this on the set!’”.

Boomer Esiason, Giannotti’s WFAN partner said he can see how Gottlieb overlooked the reality that this joke would not land well with a general audience. Former athletes are used to joking with one another like this in locker rooms. Plus, being on a set with Barkley and Smith may have made Gottlieb think that he would get a little more leeway.

Esiason added that he can see how Gottlieb would assume Gio was there. The show on CBS Sports Radio that he was likely on was MoJo, which featured Brian Jones and Chris Moore. It became Gio & Jones in 2015 when Giannotti came to CBS Sports Radio from 93.7 The Fan in Pittsburgh, where worked in 2013. More surprising to Esiason was the Gottlieb wanted to talk about this a decade after it happened.

“He’s still hanging on this,” Giannotti answered. “The issue I have is that he is using me, saying that he tried it out on me and that I found it hilarious but I should have stopped him from saying the joke when I wasn’t even part of this. I was talking about the god damn Penguins!”

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